Vanguard is sinking your future
By pouring billions into fossil fuels, Vanguard is steering the world toward financial and climate disaster. It needs to change course, before we all go down with the ship.
Dead in the water
Extracting and burning fossil fuels created the climate crisis, which is likely to cause a global financial meltdown like we’ve never seen before. Over 50 million customers* entrust their money to Vanguard. But Vanguard continues to put that money into coal, oil, and gas companies, companies driving deforestation, and companies violating human rights worldwide - making it the world's top investor in fossil fuels*.
*Figures correct as of December 2023
Learn MoreIf Vanguard continues to ignore climate risk, its investors will face increasing wealth destruction. Vanguard is not the safe, steady choice it claims to be.
How bad is it?
A track record of destructive investments
$444B
in fossil fuels as of 2024, making it the top investor worldwide
$121B
in coal alone, the dirtiest fossil fuel
Your money is at risk
Both the UN and International Energy Agency say we can’t afford any more coal, oil, or gas expansion if we hope to limit global temperature rise to 1.5°C. As the world makes the necessary and inevitable transition to clean energy, anyone who stays over-invested in fossil fuels will likely experience major losses. Vanguard could be headed for a catastrophe, carrying billions in doomed assets.
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Lives are on the line
During the 2008 financial crisis, Black and Indigenous, working class, and communities of color paid the biggest price for Wall Street's greed. These communities will once again be the hardest hit by climate impacts and a climate-driven financial meltdown. Vanguard has built its business on retirement funds for the average person, but by staying on auto-pilot in the face of the unprecedented risk ahead, Vanguard is endangering the very people it claims to serve.
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